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25 Cards in this Set
- Front
- Back
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Population bomb |
Thomas malthus |
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Labor, capital, and cost of materials paid by the producer are examples of |
Internal costs |
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Monopoly creates a market failure because |
Quantity is lower than the efficient level Price is higher than the efficient level |
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Policy a is not cost effective |
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Gasoline consumption |
CAFE |
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Ozone depleting gases |
Montreal protocol |
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International greenhouse gas emissions |
Kyoto protocal |
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Which of these responds to the problem of climate change without reducing greenhouse gas emissions |
Geoengineering Adaption |
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In theory gasoline taxes are most cost effective than command and control, but in practice, the opposite is true in case of mobile source pollution regulation |
False |
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What is the most 3nergy efficient country in the world |
Germany |
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Fraking contribute to air pollution grand water contamination health problems and surface water pollution |
Unknown |
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Are fertilizers a local or regional pollutant |
Both |
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Which of these is NOT one of the three main biomass of Forrest |
Alpine |
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One in every two countries is going to face a water shortage due to global warming by 2050 |
False |
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Ecosystems are worth_____ the value of the entire world economy |
Twice |
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Hybrid care use ____ engines |
BOTH gas and electric |
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Which of these is a source of renewable energy |
Solar Wind Geothermal Hydro |
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Opec is a example of a |
Cartel |
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Consumer surplus is the difference between |
Willingness to pay for a good and the amount that is paid for the good |
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Consider a market where production of a good generates a negative externality. In market equilibrium |
Too much of the good is being produced |
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A good that is non rival and nonexcludable is defined as a |
Public good |
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There are direct method and indirect methods for measuring environmental and resource values |
True |
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A firm with lower marginal abatement costs will abate more than a firm with marginal abatement costs under a cost effective emissions reduction scheme |
True |
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A market demand curve for a private good is calculated using a _____ of individual demand curve |
Horizontal summation |
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Cafe standards only apply to new cars, and new source review only applies to new power plants. Which terms describe these features |
Grandfathering Vintage differentiated regulation |
